Question: The hospital network you work for is adding a clinic in a newly built community. The board of directors asks you to go over finances

The hospital network you work for is adding a clinic in a newly built community. The board of directors asks you to go over finances and share thoughts on what would be needed in terms of a budget for construction. They are especially interested in whether to use a static budget or a flexible budget.

Provide recommendations and explain the reasons for your choice.

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